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Waterfront Land with Dock
For Sale
$3,950,000

416 Lake Shore Drive, Norwood, NC 28128

Land, Norwood, NC

Property Size8,300 SF
Lot Size14.37 Acres
Price / SF$475.90
Days on Market135

Property Features for 416 Lake Shore Drive

General Information

Property type Land
Property subtype Other
Zoning description R-20
Exterior features Elevator, Fence
Fencing Fenced
Accessibility Accessible Elevator Installed
Lot features Private, Sloped, Wooded, Views
View Water
Elementary school Unspecified
Middle school Unspecified
High school Unspecified
Standard status Active
APN 6564-02-87-5123
Lot size 14.37 Acres

Taxes and HOA fees

Tax Description HSE 416 LAKE SHORE DR
Legal Description HSE 416 LAKE SHORE DR

Utilities

Sewer type Public Sewer
Water source Well

Building Details

Additional Structures Workshop
Listing Agency: MATHERS REALTY.COM
Listed By: Jonathan Hawkins
Added: May 15 Changed: Sep 5 Last Checked: Sep 26 at 5:06AM
MLS# 4381915

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 14.37-acre waterfront estate combines two parcels along Lake Tillery and includes a 1,300-square-foot rustic cabin, a waterside dock with boat lift, and an entertaining deck with an outdoor kitchen. Additional improvements include two barns, a riding ring, orchards, and a 7,000-square-foot lodge. The property also features fencing, an accessible elevator, public sewer, and two wells used primarily for irrigation.

With 104 feet of waterfront, the estate offers direct access to Lake Tillery from 416 Lake Shore Drive in Norwood. The property is zoned R-20, allowing 2–3 homes per acre, and is identified within the town’s tourism encouragement zone. These land-use provisions provide a framework for residential or tourism-oriented development while retaining the existing cabin, lodge, equestrian facilities, and waterfront amenities.

Key Highlights

  • 14.37‑acre estate formed by the combination of two parcels
  • 104 feet of Lake Tillery waterfront
  • 1,300‑square‑foot rustic cabin with dock, boat lift, and entertaining deck

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Hotel & Motel Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 28128, NC

7,119
Population
3,584
Households
2
Avg Household Size
45
Median Age
22%
College-Educated
88%
High-School Grad
68.4 sq mi
ZIP Area
104
Density / Sq Mi
$59,941
Median Household Income
$39,149
Median Earnings
$828
Median Rent
$179,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Waterfront Land - R-20 zoning supports residential development alongside established waterfront and equestrian improvements.
Where is this waterfront land located?
The property is located at 416 Lake Shore Drive Norwood, NC.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 14.37‑acre estate formed by the combination of two parcels; 104 feet of Lake Tillery waterfront; 1,300‑square‑foot rustic cabin with dock, boat lift, and entertaining deck
More about this property
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